US Freezes Assets of Iran Weapons Proliferators in 2024
Published Date: 12/17/2025
Notice
Summary
In 2024, the U.S. government blocked the property of certain people and companies linked to weapons of mass destruction and Iran’s arms activities. This means Americans can’t do business with them, and their assets under U.S. control are frozen. These actions took place on July 12, September 10, and December 18, signaling serious financial and legal consequences for those involved.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
U.S. persons barred from dealing
On July 12, 2024, September 10, 2024, and December 18, 2024, the Department of State announced persons added to the Treasury Department's SDN List. All property and interests in property subject to U.S. jurisdiction for those listed are blocked, and U.S. persons are generally prohibited from engaging in transactions with them.
Designations flagged for secondary sanctions
Several of the named designations are labeled “Subject to Secondary Sanctions” in the notice and the listing references secondary sanctions risk and Section 11 of Executive Order 14024. The notice explicitly marks some entries as subject to secondary sanctions.
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